Aggregative Games
Martin Jensen
Discussion Papers from Department of Economics, University of Birmingham
Abstract:
An abstract notion of aggregative games is introduced and a pure strategy Nash equilibrium shown to exist for such games. Convergence of best-reply improvement dynamics is also studied. All assumptions are straight-forward to check in concrete applications. The paper’s results generalize the main results of Dubey et al. (2006) and Kukushkin (2005). Likewise, the aggregator concept of Alos-Ferrer and Ania (2005) and Schipper (2005) is a special case. The relationship with both is studied in detail. A number of examples illustrate the paper’s main findings. Among these a model of open source development may be of some independent interest.
Keywords: Aggregative Games; Aggregation; Strategic Substitutes; Nash Equilibrium; Potential Game; Best-reply Dynamics (search for similar items in EconPapers)
JEL-codes: C72 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2006-08
New Economics Papers: this item is included in nep-gth
References: Add references at CitEc
Citations: View citations in EconPapers (8)
Downloads: (external link)
https://repec.cal.bham.ac.uk/pdf/06-10.pdf
Related works:
Chapter: Aggregative games (2018) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bir:birmec:06-10
Access Statistics for this paper
More papers in Discussion Papers from Department of Economics, University of Birmingham Contact information at EDIRC.
Bibliographic data for series maintained by Oleksandr Talavera ().